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ONMD OneMedNet Corporation 2
OneMedNet (ONMD) Stock Analysis 2025 | Healthcare AI Real-World Data | Palantir Partnership
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ONMD NASDAQ

OneMedNet Corporation

AI-Powered Real-World Data (RWD) Healthcare Platform | Palantir Partner

$2.15 ▲ +$0.73 (+51.41%)

Last Update: November 28, 2025 10:38 AM ET | Source: Finviz

Open: $1.03 High: $2.24 Low: $1.02 Prev Close: $1.42 Volume: 15.55M (12.98x avg)

? Company Overview

OneMedNet Corporation (NASDAQ: ONMD) is a healthcare technology company specializing in curating and providing regulatory-grade Real-World Data (RWD) through its proprietary iRWD™ platform. The company connects life sciences organizations, medical device companies, and AI researchers with de-identified medical imaging, electronic health records, and clinical data.

Key Business Metrics

  • Network Coverage: 2,130+ healthcare provider sites globally
  • Patient Data: 47+ million unique patient lives
  • Clinical Exams: 186+ million imaging studies (+37% YoY)
  • Patient Records: +38% growth YoY
  • Administrative Claims: 5+ billion claims data points
  • Therapeutic Areas: Oncology, Cardiology, Rare Diseases, Neurology
  • Employees: 22
  • IPO Date: June 24, 2021

? Timeline: Key Developments 2021-2025

June 24, 2021

IPO Date – OneMedNet Corporation went public on NASDAQ.

October 25, 2023

All-Time High Reached – Stock reached ATH of $13.51 following business combination completion.

November 2023

Business Combination Completed – OneMedNet completed merger with Data Knights Acquisition Corp. Paul Casey served as CEO.

April 2024

Aaron Green Appointed CEO – Former Optum Insights VP Cloud Solutions takes leadership. Paul Casey retires, remains on Board of Directors.

June 2024

NASDAQ Compliance Notice – Company received notice for delayed Form 10-Q filing. Subsequently regained compliance.

November 2024

Bitcoin Treasury Strategy Launched – Announced investment in approximately 34 Bitcoin as strategic reserve.

April 22, 2025

52-Week Low Reached – Stock hit 52-week low of $0.30 amid cash concerns.

June 2025

$3.7M Private Placement + $11M Debt Reduction – Secured funding at $0.42/share.

July 2025

80% Debt Reduction Announced – Aggregate reductions of $14.3M YTD.

October 6, 2025

Palantir Partnership Announced – Multi-year collaboration with Palantir Technologies (NYSE: PLTR) to integrate AIP with iRWD™ network.

November 13, 2025

Q3 2025 10-Q Filed – SEC quarterly report filed showing improved net income due to debt gains.

November 17, 2025

Q3 Results: 815% Bookings Growth – Q3 2025 bookings of $1.1M (+815% YoY), 4.5x increase in inbound demand.

November 24, 2025

RSNA 2025 Platform Showcase – Demonstrating new Palantir-powered platform at RSNA Conference, Booth #1742, Chicago.

November 28, 2025

Stock Surges +51.41% – ONMD reaches $2.15 from $1.42 prev close with volume of 15.55M shares (12.98x avg), driven by insider buying news and RSNA momentum.

? Financial Position (Q3 2025 – SEC 10-Q Filing Nov 13, 2025)

MetricQ3 2025Q3 2024Change
Total Revenue$177,000$142,000+24.6%
9-Month Revenue (YTD)$468,000$617,000-24.1%
Annual Sales (TTM)$0.49MN/A
Gross Margin-160.81%N/ANegative
Operating Margin-1,856.16%N/ASeverely Negative
Profit Margin-413.11%N/ANegative
Net Loss (Q3)-$741,000-$2.06M+64% Improved
Net Income (9-Month YTD)+$339,000N/AProfit (Debt Gains)
Q3 Bookings$1.1M$120K+815%
EPS (TTM)-$0.08N/ALoss per share

Balance Sheet (As of September 30, 2025)

Asset/LiabilityValueNotes
Cash & Cash Equivalents$149,000Very limited liquidity
Cash/Share$0.01Minimal
Book Value/Share-$0.08Negative book value
Bitcoin Holdings~$600,0005 BTC units (reduced from 34)
Total Assets$1.51M
Current Liabilities$5.01MExceeds current assets
Stockholders’ Deficit-$3.94MNegative equity
YTD Liability Reduction$14.3MSignificant deleveraging

⚠️ Going Concern Warning

Per SEC 10-Q filing (November 13, 2025): The company has raised substantial doubt about its ability to continue as a going concern due to low cash reserves ($149K / $0.01 per share), negative gross margins (-160.81%), and current liabilities significantly exceeding current assets.

? Finviz Key Metrics (Nov 28, 2025 – 10:38 AM ET)

? Valuation

Market Cap$104.05M
Enterprise Value$103.69M
P/S (Price/Sales)212.36
P/C (Price/Cash)138.74
EV/Sales211.62
P/E, P/B, P/FCFN/A

? Ownership

Insider Ownership67.99%
Insider Trans (3M)+12.83%
Institutional Own29.81%
Inst Trans (3M)-53.48%
Shares Outstanding49.73M
Float16.33M

? Short Interest

Short Float0.73%
Short Ratio0.02
Short Interest0.12M shares
Options AvailableNo
ShortableYes

? Profitability

ROA-69.05%
ROEN/A
ROICN/A
Gross Margin-160.81%
Oper. Margin-1,856.16%
Profit Margin-413.11%

? Performance

Perf Week+67.16%
Perf Month-13.92%
Perf Quarter+137.21%
Perf Half Year+410.00%
Perf YTD+50.00%
Perf Year+123.93%

? Technical Indicators

SMA20+34.01%
SMA50+13.75%
SMA200+129.08%
RSI (14)61.08
ATR (14)0.28
Beta1.14

? Strategic Partnership: Palantir Technologies

On October 6, 2025, OneMedNet announced a multi-year collaboration with Palantir Technologies (NYSE: PLTR) to integrate Palantir’s Artificial Intelligence Platform (AIP) and Foundry with the iRWD™ network.

Partnership Capabilities

  • Faster Data Discovery: Minutes instead of days/weeks for cohort feasibility
  • AI-Driven De-identification: Large-scale data anonymization
  • Healthcare Standards Integration: SNOMED, HCPCS, ICD-10, CPT codes
  • Federated Search: Cross-network multimodal data queries
  • Natural Language Search: AI-powered conversational queries
  • SaaS Subscription Model: Live Data Feeds + recurring revenue

“This is transformational — what used to take days of effort now takes minutes, with better accuracy.” — Senior Executive at leading evidence generation firm (ISPOR Europe)

? CEO Profile: Aaron Green

Aaron Green

Position: President & Chief Executive Officer (since April 2024)

Experience: 20+ years in healthcare IT leadership

Previous Roles:

  • VP Cloud Solutions – Optum Insights (UnitedHealth Group)
  • SVP & General Manager, Radiology/Cardiology – Change Healthcare (2017-2019)
  • Division VP, Sales – McKesson Corporation
  • President – OneMedNet (May 2023 – April 2024)

Key Achievements at OneMedNet:

  • Nearly doubled clinical data network in 2024
  • Secured Palantir strategic partnership
  • Led 815% bookings growth in Q3 2025
  • Executed $14.3M debt reduction program
  • Launched SaaS subscription revenue model

? Management Team & Governance

NamePosition
Aaron GreenPresident, CEO & Director
Dr. Jeffrey Yu, M.D.Founder, Chairman, VP & Chief Medical Officer
Robert L. GoldenCFO, Corporate Secretary & Director
James WangChief Technology Officer
Steven ChartierVP of Engineering & Chief of Data
Michael WongVP of Marketing
Paul CaseyBoard Member (Former CEO)

? Insider Buying – Today’s Catalyst!

Per Finviz (Nov 28): “Recent insider buying disclosures ignited a 45% intraday surge amid retail buzz.”

Insider Ownership: 67.99% (very high)

Insider Transactions (3M): +12.83% (net buying)

? Upcoming Catalysts

CatalystExpected DatePotential Impact
RSNA 2025 ConferenceNov 24-28, 2025 (NOW)Platform demos, visibility
Palantir Integration UpdatesQ4 2025 – Q1 2026Full SaaS rollout
Next Earnings Report~December 2025Bookings conversion
SaaS ARR Milestones2026Recurring revenue
Capital Raise / DilutionNear-term likelyCash constraints

? Technical Analysis (November 28, 2025 – Finviz)

Current Price
$2.15
+$0.73 (+51.41%)
Volume Today
15.55M
Rel Vol: 12.98x
Avg Volume
5.82M
Daily Average
RSI (14)
61.08
Neutral-Bullish
Beta
1.14
Market Correlation
Volatility
15.81%/12.60%
Week / Month

Technical Levels to Watch

Level TypePrice
Today’s High$2.24
Today’s Low$1.02
Open$1.03
Previous Close$1.42
Current Price$2.15 (+51.41%)
Analyst Target Price$1.42
52-Week High$4.22 (-49.05% from current)
52-Week Low$0.30 (+616.67% from low)
SMA 20+34.01% above
SMA 50+13.75% above
SMA 200+129.08% above

Technical Summary

Trend: STRONG BULLISH – Price above all major SMAs

RSI (14): 61.08 – Bullish but not overbought

Volume: 12.98x relative volume – Extreme interest

Momentum: +67.16% weekly, +137.21% quarterly, +410% half-year

vs Target: Trading at $2.15 vs $1.42 analyst target (+51% premium)

⚠️ Extreme Volatility Warning

ONMD surged +51.41% in a single session (from $1.42 to $2.15) with volume 12.98x average. Currently trading 51% above analyst target ($1.42). Extreme risk of pullback. NOT suitable for risk-averse investors.

? Bull vs Bear Case

? BULL CASE

  • Palantir partnership = institutional validation
  • 815% bookings growth Q3 2025
  • $14.3M debt reduction
  • $868B AI healthcare market by 2030
  • SaaS recurring revenue transition
  • 67.99% insider ownership
  • +12.83% insider buying (3M)
  • 4.5x inbound demand increase
  • +410% 6-month performance
  • Low short interest (0.73%)

? BEAR CASE

  • Going concern warning (SEC)
  • Only $149K cash ($0.01/share)
  • Negative book value (-$0.08/share)
  • Stockholders’ deficit -$3.94M
  • Gross margin: -160.81%
  • Operating margin: -1,856.16%
  • ROA: -69.05%
  • Revenue declining YoY (-24%)
  • Trading 51% above target ($1.42)
  • -53.48% institutional selling (3M)
  • 84% below ATH ($13.51)
ONMD NASDAQ

OneMedNet Corporation

Piattaforma AI per Real-World Data (RWD) Sanitari | Partner di Palantir

$2,15 ▲ +$0,73 (+51,41%)

Ultimo Aggiornamento: 28 Novembre 2025 10:38 AM ET | Fonte: Finviz

Open: $1,03 High: $2,24 Low: $1,02 Prev Close: $1,42 Volume: 15,55M (12,98x media)

? Panoramica Aziendale

OneMedNet Corporation (NASDAQ: ONMD) è una società di tecnologia sanitaria specializzata nella cura e fornitura di Real-World Data (RWD) di grado regolatorio attraverso la sua piattaforma proprietaria iRWD™. L’azienda collega organizzazioni life sciences, produttori di dispositivi medici e ricercatori AI con imaging medico de-identificato, cartelle cliniche elettroniche e dati clinici.

Metriche Chiave del Business

  • Copertura Network: 2.130+ siti di fornitori sanitari globali
  • Dati Pazienti: 47+ milioni di vite paziente uniche
  • Esami Clinici: 186+ milioni di studi imaging (+37% YoY)
  • Cartelle Cliniche: +38% crescita YoY
  • Claims Amministrativi: 5+ miliardi di data points
  • Aree Terapeutiche: Oncologia, Cardiologia, Malattie Rare, Neurologia
  • Dipendenti: 22
  • Data IPO: 24 Giugno 2021

? Timeline: Sviluppi Chiave 2021-2025

24 Giugno 2021

Data IPO – OneMedNet Corporation quotata su NASDAQ.

25 Ottobre 2023

Massimo Storico Raggiunto – Titolo raggiunge ATH di $13,51.

Novembre 2023

Business Combination Completata – OneMedNet completa fusione con Data Knights Acquisition Corp.

Aprile 2024

Aaron Green Nominato CEO – L’ex VP Cloud Solutions di Optum Insights assume la leadership.

Giugno 2024

Avviso Compliance NASDAQ – Ricevuto avviso per ritardo nel deposito del Form 10-Q.

Novembre 2024

Strategia Treasury Bitcoin – Investimento in circa 34 Bitcoin come riserva strategica.

22 Aprile 2025

Minimo 52 Settimane – Titolo tocca minimo di $0,30.

Giugno 2025

$3,7M Private Placement + $11M Riduzione Debito

Luglio 2025

Riduzione Debito 80% – Riduzioni aggregate di $14,3M YTD.

6 Ottobre 2025

Partnership Palantir – Collaborazione pluriennale con Palantir Technologies.

13 Novembre 2025

10-Q Q3 2025 Depositato – Report trimestrale SEC.

17 Novembre 2025

Risultati Q3: +815% Bookings – Bookings Q3 di $1,1M, aumento 4,5x domanda.

24 Novembre 2025

RSNA 2025 – Showcase piattaforma Palantir, Booth #1742, Chicago.

28 Novembre 2025

Titolo Esplode +51,41% – ONMD da $1,42 a $2,15 con volume 15,55M (12,98x media).

? Posizione Finanziaria (Q3 2025 – SEC 10-Q 13 Nov 2025)

MetricaQ3 2025Q3 2024Variazione
Ricavi Totali$177.000$142.000+24,6%
Ricavi 9 Mesi (YTD)$468.000$617.000-24,1%
Vendite Annuali (TTM)$0,49MN/A
Margine Lordo-160,81%N/ANegativo
Margine Operativo-1.856,16%N/AGravemente Neg.
Margine Profitto-413,11%N/ANegativo
Perdita Netta (Q3)-$741.000-$2,06M+64% Migliorata
Utile Netto (9M YTD)+$339.000N/AGain su Debito
Bookings Q3$1,1M$120K+815%
EPS (TTM)-$0,08N/APerdita

Stato Patrimoniale (Al 30 Settembre 2025)

Asset/PassivitàValoreNote
Cassa e Equivalenti$149.000Liquidità limitata
Cassa/Azione$0,01Minima
Book Value/Azione-$0,08Negativo
Bitcoin in Portafoglio~$600.0005 BTC
Totale Attivo$1,51M
Passività Correnti$5,01MSuperiori attività
Deficit Patrimonio Netto-$3,94MNegativo
Riduzione Passività YTD$14,3MDeleveraging

⚠️ Avviso Going Concern

Da SEC 10-Q (13 Novembre 2025): La società ha sollevato dubbi sostanziali sulla sua capacità di continuare come azienda in funzionamento per scarse riserve di cassa ($149K / $0,01/azione), margini lordi negativi (-160,81%) e passività correnti che superano le attività correnti.

? Metriche Chiave Finviz (28 Nov 2025 – 10:38 AM ET)

? Valutazione

Market Cap$104,05M
Enterprise Value$103,69M
P/S212,36
P/C138,74
EV/Sales211,62
P/E, P/B, P/FCFN/A

? Ownership

Insider Ownership67,99%
Insider Trans (3M)+12,83%
Institutional Own29,81%
Inst Trans (3M)-53,48%
Azioni Outstanding49,73M
Float16,33M

? Short Interest

Short Float0,73%
Short Ratio0,02
Short Interest0,12M azioni
Opzioni DisponibiliNo
Shortabile

? Profittabilità

ROA-69,05%
ROEN/A
ROICN/A
Margine Lordo-160,81%
Margine Oper.-1.856,16%
Margine Profitto-413,11%

? Performance

Perf Settimana+67,16%
Perf Mese-13,92%
Perf Trimestre+137,21%
Perf Semestre+410,00%
Perf YTD+50,00%
Perf Anno+123,93%

? Indicatori Tecnici

SMA20+34,01%
SMA50+13,75%
SMA200+129,08%
RSI (14)61,08
ATR (14)0,28
Beta1,14

? Partnership Strategica: Palantir Technologies

Il 6 ottobre 2025, OneMedNet ha annunciato una collaborazione pluriennale con Palantir Technologies (NYSE: PLTR) per integrare la Piattaforma di Intelligenza Artificiale (AIP) e Foundry con il network iRWD™.

Capacità della Partnership

  • Data Discovery più Veloce: Minuti invece di giorni/settimane
  • De-identificazione AI-Driven: Anonimizzazione su larga scala
  • Integrazione Standard Sanitari: SNOMED, HCPCS, ICD-10, CPT
  • Ricerca Federata: Query dati multimodali cross-network
  • Ricerca in Linguaggio Naturale: Query AI-powered
  • Modello Subscription SaaS: Live Data Feeds + ricavi ricorrenti

? Profilo CEO: Aaron Green

Aaron Green

Posizione: President & CEO (da Aprile 2024)

Esperienza: 20+ anni in IT sanitario

Ruoli Precedenti:

  • VP Cloud Solutions – Optum Insights (UnitedHealth Group)
  • SVP & GM, Radiology/Cardiology – Change Healthcare (2017-2019)
  • Division VP, Sales – McKesson Corporation
  • President – OneMedNet (Mag 2023 – Apr 2024)

Risultati Chiave:

  • Raddoppiato network dati clinici nel 2024
  • Ottenuta partnership Palantir
  • Guidato crescita bookings +815% Q3 2025
  • Eseguito riduzione debito $14,3M
  • Lanciato modello SaaS subscription

? Management Team & Governance

NomePosizione
Aaron GreenPresident, CEO & Director
Dr. Jeffrey Yu, M.D.Fondatore, Chairman, VP & CMO
Robert L. GoldenCFO, Corporate Secretary & Director
James WangChief Technology Officer
Steven ChartierVP Engineering & Chief of Data
Michael WongVP Marketing
Paul CaseyBoard Member (Ex CEO)

? Acquisti Insider – Catalyst di Oggi!

Da Finviz (28 Nov): “Recenti disclosure di acquisti insider hanno innescato un surge intraday del 45% in mezzo al buzz retail.”

Insider Ownership: 67,99% (molto alto)

Transazioni Insider (3M): +12,83% (acquisti netti)

? Prossimi Catalyst

CatalystData PrevistaImpatto
Conferenza RSNA 202524-28 Nov 2025 (ORA)Demo, visibilità
Integrazione PalantirQ4 2025 – Q1 2026Rollout SaaS
Prossimo Earnings~Dicembre 2025Conversione bookings
Milestone ARR SaaS2026Ricavi ricorrenti
Aumento CapitaleBreve termineVincoli cassa

? Analisi Tecnica (28 Novembre 2025 – Finviz)

Prezzo Attuale
$2,15
+$0,73 (+51,41%)
Volume Oggi
15,55M
Vol Rel: 12,98x
Volume Medio
5,82M
Media Giornaliera
RSI (14)
61,08
Neutro-Rialzista
Beta
1,14
Correlazione Mercato
Volatilità
15,81%/12,60%
Sett / Mese

Livelli Tecnici da Monitorare

Tipo LivelloPrezzo
Massimo Oggi$2,24
Minimo Oggi$1,02
Apertura$1,03
Chiusura Precedente$1,42
Prezzo Attuale$2,15 (+51,41%)
Target Price Analisti$1,42
Massimo 52 Settimane$4,22 (-49,05% dal corrente)
Minimo 52 Settimane$0,30 (+616,67% dal minimo)
SMA 20+34,01% sopra
SMA 50+13,75% sopra
SMA 200+129,08% sopra

Riepilogo Tecnico

Trend: FORTEMENTE RIALZISTA – Prezzo sopra tutte le SMA

RSI (14): 61,08 – Rialzista ma non ipercomprato

Volume: 12,98x volume relativo – Interesse estremo

Momentum: +67,16% sett, +137,21% trim, +410% sem

vs Target: Trading a $2,15 vs $1,42 target (+51% premio)

⚠️ Avviso Volatilità Estrema

ONMD è salito del +51,41% in una singola sessione (da $1,42 a $2,15) con volume 12,98x media. Attualmente trading 51% sopra target analisti ($1,42). Rischio estremo di pullback. NON adatto a investitori avversi al rischio.

? Caso Bull vs Bear

? CASO RIALZISTA

  • Partnership Palantir = validazione
  • Bookings +815% Q3 2025
  • Riduzione debito $14,3M
  • Mercato AI sanitario $868B 2030
  • Transizione ricavi SaaS
  • 67,99% insider ownership
  • +12,83% acquisti insider (3M)
  • 4,5x aumento domanda
  • +410% performance 6 mesi
  • Short interest basso (0,73%)

? CASO RIBASSISTA

  • Avviso going concern (SEC)
  • Solo $149K cash ($0,01/az)
  • Book value negativo (-$0,08/az)
  • Deficit patrimonio -$3,94M
  • Margine lordo: -160,81%
  • Margine operativo: -1.856,16%
  • ROA: -69,05%
  • Ricavi in calo YoY (-24%)
  • Trading 51% sopra target ($1,42)
  • -53,48% vendite istituzionali (3M)
  • 84% sotto ATH ($13,51)

⚠️ DISCLAIMER / AVVERTENZE

ENGLISH: This report is for informational and educational purposes only and does not constitute financial, investment, or trading advice. The author and Merlintrader are NOT registered investment advisors, brokers, or financial professionals. All information is based on publicly available sources including SEC filings, Globe Newswire, and Finviz. No guarantee is provided regarding accuracy or timeliness.

RISK WARNING: OneMedNet (ONMD) is a micro-cap/penny stock with significant risks: going concern warnings, limited liquidity ($0.01 cash/share), negative book value (-$0.08/share), extreme volatility. The stock moved +51.41% intraday and is trading 51% above analyst target. NOT suitable for risk-averse investors.

DISCLOSURE: The author may or may not hold positions in ONMD. This is not a recommendation to buy, sell, or hold any security.


ITALIANO: Questo report è solo a scopo informativo ed educativo e non costituisce consulenza finanziaria, di investimento o di trading. L’autore e Merlintrader NON sono consulenti finanziari registrati. Tutte le informazioni sono basate su fonti pubbliche inclusi SEC filings, Globe Newswire e Finviz. Non viene fornita alcuna garanzia riguardo all’accuratezza.

AVVISO DI RISCHIO: OneMedNet (ONMD) è un titolo micro-cap/penny stock con rischi significativi: avvisi going concern, liquidità limitata ($0,01 cash/azione), book value negativo (-$0,08/azione), volatilità estrema. Il titolo ha registrato +51,41% intraday ed è trading 51% sopra il target analisti. NON adatto a investitori avversi al rischio.

DISCLOSURE: L’autore potrebbe o meno detenere posizioni in ONMD. Questa non è una raccomandazione ad acquistare, vendere o detenere alcun titolo.


Data Sources: SEC EDGAR, Globe Newswire, Finviz
Report Date: November 28, 2025
Price Data: $2.15 (+51.41% from $1.42 prev close) @ 10:38 AM ET – Finviz
OHLC: O: $1.03 | H: $2.24 | L: $1.02 | PC: $1.42
Author: Merlintrader.com

© 2025 Merlintrader – All Rights Reserved

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